It will be like the PS Vita reveal in February 2011 at the same event, released at end of the year in Japan, and at the beginning of 2012 allover the world. The same will happen with PS4, eventhough I think Sony will shoot for a worldwide release at the end of 2013 to compete with the Xbox 720, maybe November 2013 in Japan and December 2013 for the rest of the world.

February is turning out better than I expected. I get to play a new Fire Emblem for the first time in years, the sequel to probably my favorite platformer of this generation, Rayman Origins is being released, a new Sly Cooper game is finally coming out, my birthday is on the 10th, and to top it all off I may just get my first glimpse of the PS4. I can't wait!

I highly doubt Japan will get PS4 first, their home console market seems to shrink. I wouldnt be surprised if they launched PS4 in US/EU and then in Japan. This time around they need to make a strong debut in their main markets.

I thought it would be shown a couple weeks or so before E3. Or at GDC in March at the earliest...

Exciting year for games huh? Perhaps I can be a bit greedy and ask them to show a glimpse of the new Media molecule IP for the PS4? Maybe the new PS4 mascot will be from this game, that would be a great way to kick things off. Oh and another few games too while I am in dream mode...

I'm excited for the PS4 as well but I won't count the Wii U out just yet. We made that mistake with the 3DS when the Vita was announced, and look how that turned out. The market is becoming harder and harder to predict these days so I wouldn't make that call just yet.

Still can't freaking wait for the PS4 though. Hope they show off some launch titles. Doubt we'll get a price though. Possibly at E3.

Once the Wii U has some 'real' Nintendo games, we'll find out just how dead it is. Its still basically surviving on 2d staples and some basic Wii games gone HD. A 3d Mario, Mario Kart, SMB, Zelda, Wii Fit, etc will pick up sales I bet as those are what people with Nintendo consoles want most. I may actually pick one up once I see a decent Zelda release.

I doubt it will ever compete with Wii in sales by any means but I bet it will outsell the Gamecube still ;) The fact is, the Wii was a fluke and if Nintendo honestly expected that to happen again they were being delusional. In the long run I expect sales to be much closer to 360/PS3 than Wii numbers but still much higher than the generation before them (PS2 excluded naturally).

Well, yeah there's that and the fact that the 3DS now has a pretty decent lineup of games as well. Now that you mention it though, maybe the same is likely to happen here.

Think about it, lets say Sony prices the PS4 to compete with the Wii U, and Nintendo pulls a 3DS and cuts the price, that in combination with the fact that Nintendo will likely release a new Mario Kart and 3D Mario game at the end of the year along with whatever they announce at E3 and we may perhaps see a repeat of the 3DS/Vita incident. However unlike with the 3DS, there is a third player involved, Microsoft. That could really change how this situation could go. Just Trying to realistic here man.

Still doesn't hamper my excitement though. Can't wait to see what Sony shows off. Love both Sony and Nintendo, don't want to see either of them fail.

I don't think nintendo would drop the Wii U price as they are selling at a loss. They have stated this many times. This also could be a vita push as well with the ps4 in showing off both systems with their cross play, remote play, etc.

Remember the 3DS has a lot of third party support that is entirely independent of the PS Vita. I don't see EA bothering dumbing down Dragon Age 3, Battlefield 4, Mass Effect etc. for the Wii U once the two "top dogs" release. Same with other publishers and their flagship series. Only reason Wii U is getting the likes of Mass Effect and COD now is because it is comparable to current-gen consoles in terms of graphics. But that's just my two cents

well traditionally Sony hasnt put too much stock in their handhelds like Nintendo does. However when it comes to their Home consoles they are second to none in support and even get more than Nintendo. THATS THE DIFFERENCE.

So no, the vitas woes have little to nothing to do with how the ps4 might perform under similar circumstances.

I mean there are just a lot more people waiting for a home console from Sony than they are for their handheld, heck dont take my word for it; just ask around.

Psone,ps2 and ps3 all have tremendous support and thats evident by their catalogue of games.

Both the psp and vita have suffer in this area, so the same cant be applied. Now in 2013 is when we are starting to see some effort put into supporting the vita, so after this year we will see how it turns out.

But to your point, yeah the ps4 is likely to cost more than the wiiu and can potentially be a factor down the stretch; but i fear next gen is going to have similar faces supporting similar parties all over again. Sony and MS are more likely to get the lions share of third party support, despite arriving later at a higher price tag.

Wait wait wait wait.Hold the phone.So it's true? They are going to reveal the PS4? Is the Wall Street Journal known for giving out wrong information or having bad sources? Because if this is true then it all makes sense. The spec leaks, the sources saying that PS4 is the name,inviting all the investors, all the rumors about next gen games for it.Oh my gosh my hands are shaking. Please don't let this be a lie. I am so amped and hyped up right now. Don't bring me crashing down.Show us the PS4 FTW!!!! Please.

if this actually an official announcement, that'd be great, but i still don't think that it's going to hit the market until 2014. an announcement =/= release date, and they may only just acknowledge the existence of the system with no precise details (which they'll likely save for E3).

I don't understand why people think they will release the new systems this year. Ps3 was announced at 2005 E3 and released Nov 2006! I think it will be announced this year but definitely won't come out until spring-fall of 2014. Releasing in Nov would be bad for the system. You have Call of Duty, Grand Theft Auto 5, and who knows what else releasing near that date. Besides there are still games like God of War, Last of Us, Crysis 3, being released for current systems. I doubt they would release it when there are still so many popular games that would take away from people buying the new system.

Even if its not Nov 2014 i think it will be mid 2014. Yes its a different market, for Sony thy need it to sell well more than ever since they are losing money on vita and other things. Unless GTA5 and Call of Duty get released on PS4 also it would be stupid to bring it out at the end of the year. There is a rumor that Battlefield 4 will be released on the new consoles and current consoles so they might do that but only the hardcore gamers or people with money to spend will get PS4 to play a game that is on a system they already have.

It's certainly looking like it's the PS4. I cannot wait. Yeah, February 20th will be awesome, but my eyes are aimed at June. This is going to be an amazing E3. Sony and Microsoft will be showing off their software/hardware, and Nintendo, in addition to it's promised big guns, will almost surely have something awesome hidden away. E3 2013 will completely erase the non-news of last year.

hey guys check this out...this is what i have seen in the video teaser thingy...and i can say that this is the PS4's final image its kinda boxy like console..with blend of transparent glass?? or vent?? but you guys think about it..sorry sony but dont worry i still love you...

Sony's plan I think is to show the ps4 and officially disclose what's under the hood talk about functionality maybe divulge Some insight into their online plans as well. Then top off the meeting with world premier trailers of nextgen games!! Then either have playable demos ready for destination playstation or at e3.

I think the fact that Rockstar came out of nowhere and announced the GTAV september release might have had something to do with Sony making the move the next day.

I have no idea what the connection might be... Anyone?

I also have a feeling that the "delay" of GTAV was super awesome news to Sony, great enough to make them pull the triger on the new generation so early. Perhaps this is what Sony's been waiting for, and as soon as GTA's late release was confirmed, they were greenlit on PS4 and wanted to make sure the go first with the hype! But why?

Other than that, my bet is that PS4 will launch a YEAR from Feb 20 - late Feb 2014. I think that was Sony's original plan and the GTA delay reassured them that is the way to go.